Every day we’re seeing more and more data about how companies of all sizes are saving money and cutting fraud with Car IQ. Take The Amenity Collective for example. They saw their fuel costs drop by 13.6% and found that 12% of transactions were fraudulent. Read more about them in our latest case study and you’ll see big savings like these aren’t uncommon for fleets getting rid of physical fuel cards and switching to Car IQ. https://lnkd.in/gPAuZpRp #fleets #fleetoperations #payments
Car IQ Inc.
Financial Services
San Francisco, California 2,412 followers
Drive your fleet into the future.
About us
Car IQ is on a mission to streamline the way the world pays. Our cutting-edge payments solution, Car Pay, eliminates the credit card completely and connects your vehicle directly to merchants to make secure and seamless payments. Car IQ integrates with existing tech stacks and uses telematics and vehicle data to provide fleets with detailed insights, allowing them to follow every payment and eliminate fraud. Car IQ consolidates all transactions into a single ledger, reducing reconciliation and enabling fleets to manage their spending more effectively. Merchants in Car IQ’s Network can better understand their customers' needs and take advantage of technology-forward marketing opportunities with personalized, location-based offers tailored to the needs and preferences of individuals. This ground breaking technology mitigates risk with each transaction, eliminating friendly fraud, chargebacks and disputes. Car IQ is headquartered in San Francisco, California and backed by strategic investors including Visa, Forte Ventures, State Farm Ventures®, TELUS Ventures, Avanta Ventures (the corporate venture arm of CSAA Insurance Group), Bridgestone, Navistar, and Circle K.
- Website
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http://www.cariqpay.com
External link for Car IQ Inc.
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2016
Locations
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Primary
150 California St
San Francisco, California 94111, US
Employees at Car IQ Inc.
Updates
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Do you know the secret to saving your fleet money? It’s connected data - the kind that Car IQ uses to eliminate fuel cards, cut fraud and cut back office reconciliation time and effort. Check out our latest article on the benefits of connected data for fleets and see how Car IQ Pay can revolutionize how your fleet makes payments. Read more at https://lnkd.in/egzp-vip.
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We’re excited to announce our new partnership with ExxonMobil marking a significant step forward in transforming the way fleets manage payments and fuel transactions - all without fuel cards. Watch our video with race car driver and Car IQ Inc. partner #JadeAvedisian to see how we are revolutionizing fleet operations by cutting fuel cards to streamline the payments process with real-time vehicle data. Upgrade your fleets to Car IQ’s innovative technology: 🔸 Turn on the pump and make payments directly from the vehicle 🔸 Eliminate the hassle of fuel cards 🔸 Gain real-time visibility into payment transactions & data 🔸 Reduce fraud and enhance security This partnership lets fleets cut costs and fraud, drive efficiency, and make fleet management smoother and smarter. 🌐 Visit www.cariqpay.com to learn more about how this collaboration can benefit your fleet and keep you ahead of the competition. Car IQ is a financial technology company and not a bank. Credit Card Services are provided and issued by Lewis & Clark Bank, Member FDIC. #FleetTech #FleetManagement #FuelManagement #InnovativeSolutions #DigitalTransformation
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Summer typically means peak season chaos, and Car IQ’s payment platform is here to help. Learn how our solution can help you navigate your busiest months with ease—no fleet cards required: https://lnkd.in/gkhA6VF8 #fleet #payments #connectedvehicles
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Summer typically means peak season chaos, and Car IQ’s payment platform is here to help. Learn how our solution can help you navigate your busiest months with ease—no fleet cards required: https://hubs.li/Q02CGyPk0 #connectedvehicles #fleets #payments
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“Knowing how much fuel is in your vehicle is one of the most important things a driver needs to know during a race, and Car IQ Inc. has developed an integral technology that lets us take a similar approach in our business operations.” - Graham Rahal One of the things that drew Graham and Rahal Letterman Lanigan Racing to Car IQ was the fact that vehicle data can be tied directly to each transaction. By eliminating fuel cards, they now have real-time insights into fuel levels before and after they fill-up at fueling stations, live odometer readings, and more. This data helps them better understand and visualize the spend and purchase history of their race transporters. Visit www.cariqpay.com to learn more. #connectedvehicles #fleets #payments
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Final call to join us on June 18. Our CEO Sterling Pratz will be sharing the importance of staying up to date with new tech for businesses with fleets. Don’t miss out – register here: https://lnkd.in/gSP2nFfv Whip Around Gridline, Inc. F|STAFF On Demand Truck Drivers #fintech #connectedpayments #fleetmanagement
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Don’t miss out on our webinar covering emerging fleet tech trends. Sign up here: https://lnkd.in/gSP2nFfv Whip Around Gridline, Inc. F|STAFF On Demand Truck Drivers #fintech #connectedpayments #fleetmanagement
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Let's dive into the story of why Rahal Letterman Lanigan Racing chose Car IQ Pay. Their transporters drive millions of miles across the country each season, buying thousands of gallons of fuel to get their race cars to events. Using their fleet card program presented challenges: drivers and accounting teams struggled with collecting individual receipts, entering PIN and odometer numbers at the pump, and getting those back to HQ in a timely manner. By eliminating fleet cards and connecting vehicles directly to fuel pumps with Car IQ Pay, their drivers no longer need to enter odometer and VIN numbers, and their expenses are automatically collected in one easy ledger. This also provides deep data insights and saves hundreds of hours per month, all while delivering significant cost savings. Visit https://lnkd.in/gJf7PufA to learn how to cut fuel cards and reconcile payments in real-time. Sterling Pratz Brian Marks Matt Nicholson Khalid El-Awady Arun Yadav Jessica Lyn Zall Chirag Boben
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Looking for a great opportunity to learn more about new tech trends in the fleet industry? Join us on June 18 and register here: https://lnkd.in/gSP2nFfv Whip Around Gridline, Inc. F|STAFF On Demand Truck Drivers #fintech #connectedpayments #fleetmanagement
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